Heterogeneous Convergence
No.
2013-04
Date
PDF file
We use U.S. county-level data to estimate convergence rates for 22 individual states. We find significant heterogeneity. E.g., the California estimate is 19.9 percent and the New York estimate is 3.3 percent. Convergence rates are essentially uncorrelated with income levels.
JEL Codes: O40, O11, O18, O51, R11, H50, H70
Key Words: Economic Growth, Conditional Convergence, Heterogeneity, U.S. County Level Data
Last Updated Date : 09/04/2013
